STORY OF THE DAY
CPIPG: “We are focused on the integration of Immofinanz and S Immo”

Story of the week

News CPIPG: “We are focused on the integration of Immofinanz and S Immo”
30
May
2023

CPIPG: “We are focused on the integration of Immofinanz and S Immo”

by Tumova Vera
Given CPI Property Group’s recent acquisition of Immofinanz and S Immo, the company is more focused on implementing its integration strategy, rather than necessarily looking at new acquisitions, says Mindee Lee, Board Secretary and Senior Manager of Corporate Strategy at CPIPG, in an exclusive interview with Property Forum.
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Industrial

News BTS logistics Orbico Panattoni Europe Poland warehouse
30
May
2023

Panattoni is building a BTS centre near Warsaw for ORBICO Supply

by Property Forum
Panattoni is developing a distribution centre for  ORBICO Supply – a logistics operator from the Orbico Polska group, responsible for the distribution of over 50 global brands. On completion the BTS centre in Teresin will have an area of 38,000 sqm.
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Logistics cover half of warehouse demand in Romania in Q1 2023 LeadCrest Capital Partners to buy warehouses in Poland Rohlig Suus Logistics leases 20,000 sqm at MDC2 Park Gliwice

Office

News Bucharest Fortim Trusted Advisors Nicolae Ciobanu Romania
30
May
2023

Bucharest drives office leasing in Q1 2023

by Property Forum
Bucharest accounted for 75% of the total office space that was leased across major Romanian cities in Q1 2023 according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. 
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Honeywell takes 24,000 sqm from Globalworth in Bucharest One United Properties sells office building in Bucharest

Investment

News ESG green energy H2 Energy JLL Poland Westa
30
May
2023

JLL to help H2 Energy find partner for creating “Polish Hydrogen Valley”

by Property Forum
H2 Energy, a subsidiary of Westa Investments, has signed an agreement with JLL. The contract covers advisory support regarding investment located in Poland’s Lubuskie province. The investor plans to build one of the largest Hydrogen Valleys in Europe, which will be based on large-scale wind and photovoltaic farms. The role of JLL's experts in the project will be to obtain a partner interested in jointly developing the hydrogen hub with H2 Energy.
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Hungary's Indotek acquires shopping centres in Spain REICO sells offices to Fio's new real estate fund

Report

News Bulgaria Cushman&wakefield report retail SEE Sofia
26
May
2023

Retail parks in Bulgaria continue to grow

by Property Forum
Slight growth in logistics and retail space rents, despite no new mall expansion or openings being planned. These are the trends for the beginning of 2023, according to the latest report from Cushman & Wakefield Forton.
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Immofinanz reports strong results in Q1 2023 GTC reports €12 million net profit in Q1 2023 EU investors with strong equity capital expand their portfolio

Retail

News Anchor Grup București Mall Mayoral Pandora Romania Splend'or
26
May
2023

Anchor Grup introduces new brands to its retail portfolio

by Property Forum
Real estate developer Anchor Grup has added new brands to its retail portfolio in a bid to enhance the customer experience in its București Mall and Plaza România shopping centers. 
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NEPI Rockcastle obtains certificate for Ploiești Shopping City Ikea opens expanded order centre in Burgas

Interview

News Dennis Selinas ESG Globalworth industrial office Poland Romania Top 50
26
May
2023

Globalworth aims to boost Romanian portfolio

by Nicolae Ovidiu
Dennis Selinas, Globalworth Group CEO, spoke with Property Forum about the investment plans in the industrial segment, the outlook for rents in Bucharest and the efforts to enhance the value of its office portfolio on the Polish and Romanian markets
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Poland's PRS market is growing despite the obstacles NNDKP sees increased interest in renewable energy investments in Romania

Residential

News Griffin Capital Partners Kajima Łódź Poland rental residential Student Depot student housing Warsaw
25
May
2023

Student Depot builds additional dormitories in Warsaw and Łódź

by Property Forum
Student Depot plans to complete two new investments in Warsaw and Łódź in the autumn. Both student residences will open at the beginning of the academic year 2023/2024, thereby increasing Student Depot's portfolio by nearly a thousand beds. The new residents will find fully furnished rooms, coworking areas, multimedia rooms, as well as fitness zones.
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Rate hikes put pressure on European resi 'bull run' Speedwell gets permit for resi building in Bucharest

Hotel

News Bucharest Cushman & Wakefield Echinox hotel Romania Sevda Cadir
23
May
2023

Bucharest hotel occupancy gets close to pre-pandemic levels

by Property Forum
The occupancy of Bucharest hotels increased by 33% in the first quarter compared with the same period of last year, and remains about 5% below the 2019 level, according to a report by Cushman & Wakefield Echinox.
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Sofia’s first hostel with sleeping capsules opens Hyatt announces expansion with four new hotels in Bulgaria Accor to build new Mövenpick hotel in Czechia

Career

News advisory Colliers energy ESG Poland
16
May
2023

Colliers establishes Energy Advisory service in Poland

by Property Forum
Colliers Poland has launched a new Energy Advisory service designed to provide clients with comprehensive advice on optimizing their electricity purchasing processes, selecting renewable alternatives, and building energy independence using their own sources. The practice will be led by Dariusz Chrzanowski, an expert with 15 years of experience in the energy market.
Read more >
Revetas Group appoints new Senior Advisor Avalant Bulgaria launches new department Panattoni creates Head of Asset Disposition position

Economy

News ESG green buildings Hungary renewable energy
29
Mar
2023

ESG compliance to appear in the judicial system in Hungary

by Property Forum
Investors prefer sustainability to be measured in the case of commercial buildings too. Therefore new detailed rules will be elaborated and a so-called green passport for properties will be introduced, international law firm Baker McKenzie and CBRE reported after a special roundtable discussion in Budapest. 
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Low-cost ESG measures can’t bring significant improvement Inflation hits record high in Hungary last year Foster + Partners to design new CPK airport in Poland

New leases

  • Auchan Romania has leased 2,600 sqm on the ground floor of the second phase of the U•Center office project in Bucharest.
  • AMS ACCELERATE IT and Credit Amanet signed contracts for a total area of approximately 600 sqm of office space in SkyTower Bucharest. Both lease contracts were closed for a 5-year period.
  • TOUS, Calzedonia and Intimissimi are among the fashion brands that have returned to Renoma retail centre in Wrocław after its renovation. The clothing brands have leased, respectively, 80, 60 and 100 sqm of space.

New appointments

  • Florin Suicescu has been named COO of Forty Management. With over 30 years of management experience, he has held senior positions in real estate and hotel developments.
  • Daniel Rutkowski joined Walter Herz Investment Advisory Department, currently consisting of six people, and took the position of Development Manager. He will be responsible for searching for and acquiring investment projects, developing investment potential analysis and building the value of real estate.
  • Dariusz Proniewicz has joined MDC2's team of experts to take on the position of Development Director BTS, with responsibility for the development of BTS investments.

Latest news




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